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FM -- Introduction -- Part I: Mathematical background -- Dynamical systems -- An example of nonlinear dynamical system: The Logistic Map -- Bifurcations -- From local bifurcations to global dynamics: Hopf systems from the applied perspective -- Chaos -- Embedding and mutual information -- Part...
Persistent link: https://www.econbiz.de/10012615813
This interdisciplinary book argues that the economy has an underlying non-linear structure and that business cycles are endogenous, which allows a greater explanatory power with respect to the traditional assumption that dynamics are stochastic and shocks are exogenous. The first part of this...
Persistent link: https://www.econbiz.de/10012495731